PPP Loan information for Institute for business & technology, inc.

$1,234,600

Institute for business & technology, inc. was initially approved for PPP Loan of amount $1,234,600, the current approved amount is $1,234,600. The loan was approved on 04/15/2020 by The Customers Bank reported 120 jobs and $1,234,600 was used to fund payroll.

Institute for business & technology, inc. is Existing or more than 2 years old

INSTITUTE FOR BUSINESS & TECHNOLOGY, INC.

Date Approved

04/15/2020

SBA Office Code

0944

Processing Method

PPP

Borrower Name

INSTITUTE FOR BUSINESS & TECHNOLOGY, INC.

Borrower Address

5150 South Decatur Boulevard

Borrower City

Las Vegas

Borrower State

NV

Borrower Zip

89118

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1234600.00

Current Approval Amount

1234600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Las Vegas

Project County Name

CLARK

Project State

NV

Project Zip

89118-0100

CD

NV-03

Jobs Reported

120

NAICS Code

921120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1234600.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1248265.16

Forgiveness Date

06/17/2021

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